Property profile

120 Washington St Rochester, NH 03839

OFF-MARKET
Office buildings
Property ID
US58-0388338
19,555 SF 1.7 ac lot Built 2013
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This three-story professional office building includes roadside signage and offers multiple office suites. Suite 103 on the first floor provides approximately 1,500 square feet and includes a waiting area, reception, a large exam area, a lab, a kitchen, and two restrooms. Suite 104 on the first floor provides approximately 1,841 square feet and has a private office, a large glass-walled conference room, open collaborative space, a kitchen, and a restroom, based on a recent interior build-out. Suite 203 on the second floor provides approximately 1,201 square feet of open space with a kitchenette. The building has an established tenant mix that includes healthcare, financial services, insurance, construction-related services, and other professional and community-focused businesses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Construction FRAME
Total area 19,555 SF
Lot 1.7 ac (74,052 SF)
Zoning code HC
APN RCHE M:0123 B:0066 L:0000
UPID US58-0388338

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Insurance Agency
  • Loan Service
  • Financial Advisor
  • Medical Clinic

Location

120 Washington St Rochester, NH 03839-5517
Rochester metro Census 84400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.87M
Blend (final) Blend
$2.62M

Owner & transaction history

since 2019
7 recorded transactions
2022
Price N/A
2019
$319,933
2019
$330,000
2018
$48,000
2018
$200,000
2013
Price N/A
2012
$500,000

Zoning & alternative use

HC · Rochester, NH
Zoning description

Highway Commercial District (HC). § 275-6.1 Introduction. The Downtown Master Plan provides guidance in revitalizing the downtown. It is hoped that downtown Rochester remains the heart of the City, as an active place tha…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.3M +6.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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